ASSOCHAM | The Associated Chambers of Commerce and
Industry of India |
ASTO | Association of Sea Training Organizations |
DAP | Diammonium Phosphate (Urea) |
CENVAT | Central Value Added Tax |
GDR | Global Depositary Receipt |
MRPL | Mangalore Refineries & Petrochemicals Limited |
APM | Administered Price Mechanism |
AICPI(IW) | All India Consumer Price Index (Industrial
Workers) |
ACR | Annual Confidential Report |
BEL | Bharat Electronics Limited |
BHEL | Bharat Heavy Electricals Limited |
BSNL | Bharat Sanchar Nigam Limited |
BIFR | Board for Industrial and Financial Restructuring |
BRPSE | Board for Reconstruction of Public Sector
Enterprises |
BPE | Bureau of Public Enterprises |
BPO | Business Process Outsourcing |
CPS | Cash Based Profit Sharing |
CBDT | Central Board for Direct Taxes |
CDA | Central Dearness Allowance |
CPC | Central Pay Commission |
CPSE | Central Public Sector Enterprises |
CMD | Chairman-cum-Managing Director |
CEO | Chief Executive Officer |
CFO | Chief Finance Officer |
COO | Chief Operating Officer |
CCA | City Compensatory Allowance |
CAG | Comptroller & Auditor General of India |
CRS | Compulsory Retirement Scheme |
CII | Confederation of Indian Industries |
CTC | Cost to the Company |
DA | Dearness Allowance |
DPS | Deferred Profit Sharing |
DPE | Department of Public Enterprises |
ESPP | Employee Stock Purchase Plan |
EPS | Employees Pension Scheme |
ESOP | Employees Stock Option Plan |
ERP | Enterprises Resource Planning |
FMCG | Fast Moving Consumer Goods |
FICCI | Federation of Indian Chamber of Commerce and
Industry |
FRBM | Fiscal Responsibility and Budget Management |
FDI | Foreign Direct Investment |
FEMA | Foreign Exchange Management Act |
FERA | Foreign Exchange Regulation Act |
GAIL | Gas Authority of India Ltd |
GDP | Gross Domestic Product |
HoD | Head of Department |
HPPC | High Power Pay Committee |
HAL | Hindustan Aeronautics Limited |
HMT | Hindustan Machine Tools |
HRA | House Rent Allowance |
HRD | Human Resource Development |
IIM | Indian Institute of Management |
IIT | Indian Institute of Technology |
IOC | Indian Oil Corporation |
ISM | Indian School of Mines |
ITI | Indian Telephones Industries |
IDA | Industrial Dearness Allowance |
IT | Information Technology |
ITES | Information Technology Enabled Services |
IPE | Institute of Public Enterprises |
IS | Industry Segment |
ISO | International Standards Organization |
LTC | Leave Travel Concession |
LIC | Life Insurance Corporation of India |
LPG | Liquefied Petroleum Gas |
MTNL | Mahanagar Telephone Nigam Ltd |
MOU | Memorandum of Understanding |
M&A | Mergers & Acquisitions |
MSTC | Metals & Scrap Trading Corporation |
MMTC | Minerals & Metal Trading Corporation |
MRTP | Monopolies & Restrictive Trade Practices |
MNC | Multi National Company |
NALCO | National Aluminium Company |
NCMP | National Common Minimum Programme |
NFC | National Fire College |
NIETE | National Institute of Industrial Engineering |
NLC | National Labour Commission |
NRF | National Renewal Fund |
NSS | National Sample Survey |
NTPC | National Thermal Power Corporation |
NEP | New Economic Policy |
NPA | Non Practicing Allowance |
NRI | Non Resident Indians |
NUS | Non Unionised Supervisors |
OM | Office Memorandum |
ONGC | Oil & Natural Gas Corporation |
PRC | Pay Revision Committee |
PMS | Performance Management System |
PRP | Performance Related Payment |
PF | Provident Fund |
PDS | Public Distribution System |
PESB | Public Enterprises Selection Board |
PSE | Public Sector Enterprise |
PSU | Public Sector Undertaking |
REC (NIT) | Regional Engineering College |
R&D | Research and Development |
SEBI | Securities Exchange Board of India |
SS | Service Sector |
SICA | Sick Industrial Companies Act |
SEZ | Special Economic Zone |
SCOPE | Standing Conference of Public Enterprises |
SAIL | Steel Authority of India Ltd |
SAR | Stock Appreciation Right |
VAT | Value Added Tax |
VP | Variable Pay |
VER | Very Early Retirement |
VSNL | Videsh Sanchar Nigam Ltd |
VRS | Voluntary Retirement Scheme |
WTO | World Trade Organisation |